“We have implemented the methodology presented in this book, and it's been very helpful to me. The book presents numerous PPM tools for project selection, project ranking, data visualization, etc., and has case study exercises that are highly practical and helpful in illustrating how the methodology and tools presented in the book can be used. It is a valuable tool for implementing portfolio management in any company in any industry!”—Bea Swanepoel, Portfolio Manager, Anglo American plc

"Organizational Project Portfolio Management fills a gap for PPM by providing an end-to-end process and literally stringing all the concepts, tools, and techniques into a coherent, flowing whole. I believe that without this book it would have been hugely difficult to convey to students the holistic sense of the PPM discipline. I examined other books and although the PMI standard was there I did not think that any of them introduced project portfolio management in a way that this book does. As an instructor developing a PPM course, discovering this book was a life saver!"—Nadeem Malik, Adjunct Faculty, Brandeis University, Waltham, MA

“Dr. Kodukula has created a reference that offers a concise methodology and a myriad of tools for managing the complex world of portfolio management.” —Todd Beard, PMO Leader, Dow Chemical

“This book is lucid and cogent in its presentation, and offers a highly practical methodology and tools (including case studies that mimic real world portfolios) for portfolio management.”—Ernest Esdelle, PMP, Engineering Manager, The National Gas Company of Trinidad and Tobago

“Due to both the innovative approaches and the compelling manner in which they are organized I expect that this book will have a significant impact on the practice of project portfolio management in industry. I highly recommend it to project management colleagues and business leaders—the recommendations it makes will have lasting effects on driving business value for shareholders and customers.”—Doug Campbell, PMP, Sr. Director, PMO & Strategy, Stryker

“The methodology and tools presented are highly valuable for portfolio management professionals. It has clear arguments, reasoning, and sound and practical tools, tips and guidelines on how to successfully manage an investment portfolio as an indispensible ingredient to extract optimum value from the portfolio of projects and to achieve strategic goals and objectives.“—Hannes vd Merwe, General Manager, Postbank Savings Operations & Head, Postbank PMO, Pretoria, South Africa

Organizational Project Portfolio Management is a compelling recipe for creating, organizing, and executing a portfolio management process. It is a one-stop, quick reference, and a must read!” —Brent Lalomia, Senior Director, PMO & Business Process Improvement, Stryker

“If you are just beginning the process of portfolio management, or need to fix the way you are currently doing it, this pragmatic guide will help you. It is an actionable work on how to implement portfolio management in any organization.” —J. LeRoy Ward, PMP, PgMP, CSM, President, Ward Associates

About the Item

Organizational Project Portfolio Management: A Practitioner’s Guideoffers a generic, practical methodology and tool kit to design, build, and manage a balanced portfolio at any level of the enterprise. These techniques can be used irrespective of business industry, where the portfolio management group is located within the organizational hierarchy, or the type of projects contained.

Discusses how the principles of financial portfolio management are applicable to project portfolios, and outlines the three key steps to achieving a profitable project portfolio: 1) Defining your project investment strategy, 2) Selecting the right projects, and 3) Effectively managing them

Presents a model and PPM methodology for a balanced portfolio based on concepts similar to a framework known as the ‘balanced scorecard’ that allows you to create a balance along any project characteristic such as size, risk, and development time

Demonstrates how earned value management techniques can be effectively applied at the portfolio level and addresses risk and uncertainty

Explains how to reprioritize projects when resources become limited, utilize key metrics to monitor and manage portfolio performance, and determine whether a project should be continued or terminated

Uses a case study to illustrates how you can apply the methods and tools presented throughout the text and includes case study exercises to enhance the learning process

WAV™ offers downloadable charts for managing resources, discounted cash flow and Monte Carlo simulation spreadsheets, and worksheets for portfolio and project case examples in the book — available from the Web Added Value™ Download Resource Center at www.jrosspub.com

About the Author(s)

Dr. Prasad Kodukula, PMP, PgMP, is an award-winning educator, accomplished engineer, author, and inventor with 25 years of professional experience. Dr. Kodukula is co-founder and president of Constant Compliance, Inc., a Chicago-based technology company that specializes in developing and commercializing environmental and homeland defense technologies. His clients include 15 of the Fortune 100 companies and the U.S. government. He has managed many research/development and engineering projects and project teams while working as a senior project manager at a multi-national engineering consulting firm and a global chemical company. Prasad holds degrees from the Illinois Institute of Technology, Cornell University, and Rutgers University. He was recognized by the Project Management Institute as “Best of the Best in project management” with a 2010 PMI Distinguished Contribution Award. His first book with J. Ross Publishing, Project Valuation Using Real Options: A Practitioner’s Guide, is a best seller and he has also written more than 40 technical articles.